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Tencent Tops Chinese Leader Board on Global Innovator List

Pictured is Tencent's Shenzhen headquarters. The games and social networking giant landed in fourth place on a list of the world's 50 most innovative companies, being commended for 'honoring content as king' by the list's creator. Photo: IC
Pictured is Tencent's Shenzhen headquarters. The games and social networking giant landed in fourth place on a list of the world's 50 most innovative companies, being commended for 'honoring content as king' by the list's creator. Photo: IC

Online game and social networking giant Tencent Holdings Ltd. was the top Chinese name on a list of the world’s 50 most innovative companies, winning praise for building its hugely popular WeChat mobile messaging app into a leading entertainment platform.

Tencent finished fourth on “The World’s 50 Most Innovative Companies 2018” list published by Fast Company, behind only U.S. high-tech heavyweights Apple Inc., Netflix Inc. and Square Inc. Other Chinese companies that made the list included news aggregator ByteDance at No. 16, online educational services firm VIPKid at 29, and drone giant DJI at 35.

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